Sastrify's service for your company comprises all procurement-related topics for Software-as-a-Service (SaaS) tools and a part of your Infrastructure-as-a-Service (IaaS) providers.



In this article:


What is SaaS?

SaaS, or Software as a Service, is a cloud computing model that delivers software applications over the internet. Instead of users installing and maintaining software on their devices or servers, they can access the software through a web browser, paying for a subscription to use the service.

 

So, based on the definition above, SaaS can be boiled down to 3 basic core characteristics:

  • Cloud-based access: SaaS applications are centrally hosted in the cloud.

  • Shared infrastructure and seamless upgrades: SaaS uses a shared system that allows vendors to update applications centrally. This ensures that all customers receive the latest and most secure versions at the same time.

  • Subscription-based pricing: SaaS uses subscription models that typically ask customers to pay on a monthly or annual basis, with some pay-as-you-go options, aligning costs with the actual period of active application use.


The diversity of SaaS vendors

The SaaS market comprises a diverse array of software vendors and products. This landscape spans from small, single-product vendors to industry behemoths like AWS and Google

 

SaaS products exhibit a wide range, encompassing everything from video streaming services to IT business analytics tools. The applications cater to fundamental business needs, covering areas such as email, sales management, customer relationship management (CRM), financial management, human resource management (HRM), billing, and collaboration.

 

A multitude of software categories exists, each with distinct features. SaaS products are often targeted at B2B, B2C, or both markets. Renowned examples of SaaS products encompass Salesforce, Google Workspace, Microsoft Office 365, HubSpot, Slack, Asana, and numerous others. These SaaS applications span a diverse array of business functions and industries.


What is in Sastrify's scope?

Sastrify covers a comprehensive range of SaaS tools across various categories. Our product and service are aimed to empower procurement, tech, and finance teams to secure optimal deals and mitigate risks during the procurement and renewal of SaaS subscriptions. 


In addition to SaaS, Sastrify can also provide support on Infrastructure as a Service (IaaS) subscriptions, such as: AWS, GCP, and Microsoft Azure and work with our customers to efficiently manage their cloud spend under our offering called: SastriCloud


Tips: You can use the company-wide Tool Store feature to explore different SaaS tools, including tools your company uses or new tools from our extensive database as well as a number of leading tools available via our SaaS Marketplace: SastriMarket.


Examples of tools or services that are not within Sastrify's scope of work


However, there are certain tools or services that fall outside the scope of Sastrify, including 

  • Mobile phone contracts like Vodafone or Telecom
  • Internet provider services, including DSL or mobile broadband
  • Job posting platforms like Indeed or Honeypot
  • IT hardware
  • Advertisement providers like Google Ads, Facebook Ads
  • Website Domains
  • Private subscriptions like Netflix or Spotify
  • Subtitling or translation services that are available for a monthly fee, since there is an actual person behind the specific service provided to you